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104 Cards in this Set

  • Front
  • Back

When computing the variance of a sample, the sumof the squared deviations, E (x-x)z, is divided by?

The sample size minus one

A company wants to graphically summarize in onechart the number of employees it has in each of its five decisions. What type of chart would be appropriate forthis purpose?

bar chart

A manufacturer claims to have built a homestereo speaker that is 4 feet tall but uses an average of only 30 watts ofpower. A sample of 40 speakers from themanufacturer found that they used an average of 32 watts of power. The appropriate hypotheses to test themanufacturer’s claim are?

Ho: M=30 versus HA:M>30

If the alternative hypothesis states thatthe population mean is not equal to 3500, the rejection region will consist of?

Two regions, one in the right tail and one inthe left tail.

A 98% confidence interval for a populationproportion is determined to be 0.756 to 0.834. If the confidence level is reduced to 95%, the same data will produce aninterval that?

is narrower

If the correlation coefficient, r, is equal toone?

The standard error of the estimate, Sz is zero.

The expected value of a random variable is also?

a weighted average

A study if elementary schools in the Los AngelesUnified School District focused on the percentage of teachers in each schoolwith emergency credentials (x, in percent) and the average reading scores (y)of fourth grade students in that school. The least squares regression line was y=400-3x. If twenty percent of the teachers in prairieElementary in the San Fernando Valley have emergency credentials, you wouldexpect the average reading scores of the fourth grade students in prairieElementary to be?

340

Ten percent of the mail that arrives at apost office has insufficient postage attached. If a postal worker selects 15 pieces of mail at random, what probabilitydistribution should he use to calculate the probability that three pieces ofmail have sufficient postage?

none of the above

If the population is normal, the populationstandard deviation is known, and the sample size is ten, which table would youuse for calculating probability of the sample mean?

normal



If the null hypothesis is that the populationmean is equal to 30 and you conduct a test with a significance level of 0.05and get a p-value of 0.08, then?

You cannot reject the null hypothesis.

A researcher has taken a random sample of morethan two items. Compared with thepopulation standard deviation, the standard error of the mean is?

Smaller than the population standard deviation.

A manufacturer of children’s toys claims thatexactly 5% of all his producing are defective. When 500toys from today’s outputs were examined 0.8% were found to bedefective. The 500 toys is?

the sample

A researchers is studying registeredvoters in Los Angeles to see if they favor the city of Los Angeles beingdivided into boroughs (smaller governmental units within the structure of thecity). He asks 350 voters to tell him ifthey would vote for a plan that would implement a borough system in LosAngeles. Out of the 350, 235 said theywere in favor of the plan. Thepopulation is?

All the voters in Los Angeles

A market researcher has interviewed 80 heads ofhouse holds and recorded whether the person was never married, divorced,windowed, or married. The data is?

qulitative

A car dealer is studying his customers and thecars they buy. It is appropriate for himto use a mean to describe?

The color of the car bought by a typicalcustomer.

Given that a sample of 25 had E x=75, and E(x-x) squared =448, the mean and standard deviation are?

x=3.0 and s=square root of 48/24

A sample of dental offices found the numbers ofcavities filled in the last week to be as follows: 12, 4, 4, 12, 12, 10. The median number of cavities filled is?

11

Suppose that, in testing situation with apopulation that is normally distributed, the null hypothesis is that thepopulation mean is equal to 41. A sample of size 36 had a sample mean of 41 andsample standard deviation of 2. which of the following is correct?

You cannot reject the null hypothesis

A sampleof 100 receipts from a restaurant showed that 12 had errors. What is the 95% confidence interval for theproportion of all receipts that have error? Note that z 0.025= 1.96 and t0.025= 1.984 for 99 degrees of freedom?

0.12 +- (1.96) square root of (0.12)(0.88)/100

If you have data on product output and totalcost of production, you can estimate fixed and variable cost by using?

linear regression

The postal service has recently raised the priceof a first class stamp by three cents to 37 cents. While you were in the post office, you saw 30three cent stamps sold and 20 of the new 37 cents stamps sold. What was the average price paid for a stampwhile you were in the post office?

16.6

An investor has purchasedstock in a firm. The investor believesthat, at the end of the year, there is 0.10 probabilities that the stock willshow a $6,000 profit, a 0.30 probability that the stock will show a $4000profit and a 0.60 probability that the stock will show a $2000 loss. The expected profit is $600. If the best profit increases by $1000 from$6000 to $7000, the expected profit?

Will increase by $100

The number of hours in the lifetime of a lightbulb is a random variable of which type?

continuous

Which of the following in NOT an assumption thatis required for the use of the binomial formula?

The trial are independent




The probability of success is the samefor every trial




Each trial has only two possibleoutcomes




The random variable is the number ofsuccess out of N trials

A survey was conducted in July, 2002 of 200 ofthe 6000 CSUN business students. Thesurvey asked the questions: Are you taking BUS 301 in the fall? Twenty percentof the 200 students said yes. Using thisinformation?

The college didn’t have enough information to besure of hoe many sections to schedule

If a television rating service surveyed 800viewers and 700 watched American Idol, the population is?

All television viewers

You survey your friends and ask them which typeof movie (action, comedy, romance, horror) they prefer. Which of the following graphical displayswould be most appropriate to display the data?

a bar chart

A car manufacturer states on the window stickerof its new cars: 38 MPG Highway. This isan example of?

a mean

A study of the number of cars sold looked at thenumber of cars sold at 500 Dealers The smallest dealer had 11 cars sold and thelargest had 154 cars sold. If you were going to create a frequency distributionof the number of cars sold using six classes in your frequency distribution,which of the following might be a reasonable first class?

0 to 24

Give that a sample of 25 had ∑x = 75, and∑(x-x)² = 48 the mean and standard deviation are

X = 3.0 and S = 48/24

If you take a sample of size 24 from anormal population for which you do not know the population standard deviation and want to calculate a 95%confidence interval for the mean, which is not need?

The value of Z0.025

The expected value of a random variable isalso-- E(X)

A weighted average

The retail price of a product is $5 per unit& the cost of production is $2 per unit. If the expected number of unitsold is 4, the expected profit will be

12 ($5 profit per unit - $2 cost per unit = $3 * 4 unit sold = 12)

Is not assumption that is required forthe use of binomial formula?

. The trails are independent




The probability of success is the sameforever trail.




Each trail has only 2 possibleoutcomes




The random variable is the number ofsuccesses out of a trails

You are measuring the lifetime of a light bulb.Which of the following might be the distribution of this random variable?

normal

If the P value is less then , you

Should reject the nullhypothesis.

Because of the variation in the measuredcontents of a can of cola,

The average contents of a sample of 10 cans willgive us the average contents for the day’s production of 100,000 cans.

A manufacturer of children’s toy claims thatexactly 5% of all his products are defective. When 500 toys from today’s outputwere examined, 8% were found to be defective. What is the parameter?

. The % of all the toys made thatare defective.

X claims that the average box of Xcontains 12 ounces. You bought 1 box at each 5 different grocery stores. Theweights were 13.1, 11.6, 12.1, 12.3 & 11.9 ounces. The mean weight of the 5 boxes was 12.2ounces.

none of the above

A car manufacturer is studying the relationshipbetween the weight of its vehicles and the mileage they get in city driving.Which following would an analyst for the company construct to aid in thisstudy?

The least squares regression line.

Which of the following is NOT quantitative date?

Whether a driver buys premium gasoline or not

A basketball player scored 12, 25, 16, & 13points in her last 4 games. What is the mean number of points per game shescored during this period?

16.5

The sample 10, 18, 20 has a standarddeviation of

5.29 [(36+4+16) ÷ 2] = 56 ÷ 2 = √28 = 5.29

Which of the following is NOT one of the stepsin hypothesis testing

Choose a probability for your type ll error.

An urban planner wished to determine whetherthere is sufficient evidence to conclude that the mean family income in the SanFernando Valley exceeds $38000. When the urban planner collects data on familyincomes, he would –

Use a one-tailed test with thealternative to the left (less $38000)

You took a sample of size 21 from a normaldistribution with a known standard deviation, . In order to find a 90%confidence interval for the mean, You need to find

The mean of the sample and the value of Z withan area of 5% in the left tail

A study was conducted in Malibu on the value ofa house (Y, in thousands of dollars) as it relates to the distance the house isfrom the beach (X, in miles). The result was the regression equation, Y=800-20X. In the equation, the number 20 represents.

For each extra mile a house is from the beach,the price drops by $20,000

The probability distribution of Z is:


X 1, 2, 3, 4


P(X) .30, .35, .20, .15




What is the expected number of childrenin a randomly selected Canadian household? Let X represent the number ofchildren in Canadian household.

2.2



A sales representative make 3 in person visitsto customers every morning. Out of the 3 visits, she will make either 0, 1.3 or3 sales. The probabilities are 0.2, 0.4, 0.3, and 0.1, respectively. For eachsale, she gets a commission of $100. Her expected commissions for one morning’svisits are

130

The binomial distribution is a distribution

Which always takes integer values

A random variable is found by sampling classesat CSUN and counting the number of those classes with over 200 studentsenrolled. Which of the following distributions might be the distribution ofthis random variable.

normal

For a given hypothesis test, the nullhypothesis can be rejected at the 0.05 level of significance. We can infer thatP-value.

Is less than 0.05

When you increase the size of your sample from apopulation,

You decrease the standard deviation of the sample mean

A summary measure computed from a sample is a

Statistic

A manufacturer of children’s toys claims thatexactly 5% of all his products are defective. When 500 toys from today’s outputwere examined, 8% were found to be defective. What is the sample?

500 toys

A student took a sample of 25 textbooks from thebookstore and recorded the costs of the books. The student wants to knowwhether the mean cost of all textbooks is greater than $75. The student should,

Test the null hypothesis that the mean cost ofall textbooks is equal to $75.

When computing the variance of a sample, the sum of the squared deviations, E(x-x)z, is divided by?

The sample size minus one (this the right one)

Reasons to calculate the mean of a data set

find measure of location

Sample of dental cavities filled were 12, 4, 4,12, 12, 10 what is median.

11

If alt. hypothesis states pop. Mean= 3500,rejection region will be…

left and right region

Regression equation -1=5-2x, predicted value ofy equals

1 when x=2

There is a .20 probability that stockwill profit 3000, .10 prob. That stock will profit 6000, .70 prob. -2000losses. What is expected profit?

-200

Retail = $5 , cost is $2. units sold = 4 what isprofit. Same as #8

12

Which is NOT characteristic of normaldistribution.

mean is 0

Top 15% of students get A. sample 4 from 200, tocomplete prob. That 2 of 4 got A’s, use:

binomial dist.

P value is > α you

No, you cannot reject the nullhypothesis

Summary measure computed from pop is a:

statistics

Sampled 20 banks and recorded rates for 30yrs. Data is:

qualitative - data that can be separatedinto different categories distinguished by some nonnumeric characteristic

Computing variance of sample sum of the squaredeviation is divided by

Population size minus one

Distributing of home prices is often positivelyskewed (right). Its likely that

Mean greater than median

Standard deviation of population A is greaterthan the standard deviation of population B, all other things equal theconfidence interval for the mean A should be

Wider then the confidence interval for the meanof B

Which of the following statement is correct?

Expected value of a randomvariable is the long run average assuming he experiment is repeated many times.

The correlation coeffiect “r”

Measure the relativerelationship between 2 variable

Hypothesis test, the null hypothesis can berejected at the 0.05 level of significance. We can conclude that the p-value

Is less than 0.05

Sample of 20 CSUN students found the age of eachstudent……

The highest age is at leasttwice the average age.

A care manufacturer states on the window stickerof its new care: 38 MPG highway. This is an example of:

mean

Manufacturer of child toy claims exactly 5% ofall his products are defected. 500 toyswere examined 8% were defective. Population of interest?

Proportion

A study of the number of cars sold lookedat the number of cars sold at 500 dealers. The smallest dealer had 11 carssold. The largest had 159 cars sold. If you were to make a frequencydistribution of the # of cars sold using six classes. In your frequencydistribution which might be a reasonable first class?

0 to 24

If you have data on product output and totalcost of production, you can estimate fixed and variable cost by using: Whatkind of distribution.

Linear regression

When you increase the size of your sample from apopulation you

You decrease the standarddeviation of the sample mean

A car manufacture states on the window stickerof its new cars 38 mpg hwy. This is an example of a:

mean

A market researcher has interviewed 80 heads ofhouseholds and recorded wehter there was a DVD player in the household. Thedata is:……

the information from the 80 ppl

Ritzier Crackers claims that the average box ofRitzier Crackers contains 12 ounces. You bought one box at each of 5 differentgrocery stores. The weights are 12.1, 11.6, 12.3, 11.9, 13.1 ounces. The meanweight of the boxes was 12.2 ounces. The sample is….

The 5 weights above

The weighted average of all possiblevalues of x, where the weights are the probabilities of occurrence of thosevalues, is referred to as:

Expected value

If you have data on product output and totalcost of production, you can estimate fixed and variable cost by using:

Linear regression

Sample size 25 normal population had amean 75 standard deviation of 12 95% confidence (note z.025 = 1.96, t .025 =2.064 for 24 degree of freedom

Should be 3 Plus/minus1.96*12/sqrt(25

Correlation coefficient is zero not possiblewhen

Points fall on a straight line with a negativeslope

Random sample 400 household 220

Ho=.50 vs. Ha T>.50 p-value is .0225

Car manufactures ….between ….. its velocity

Least square regression line

If CNN had a poll with yes and no answers theycan grab all the data and use a

The sample proportion

I-5 freeway between Los Angeles and San Diego8,200 people ………

28,500 ± (1.96) 8,200/ square root 24

Expected return from a bet of $1.00casinos is

In the long run you will lose $6 every dollaryou bet

A researcher is studying CSUN students. It is looking at all CSUN students of allages what kind of data is this?

Population

To display a proportion of studying in eachoption of the BS in Business administration what would you use?

Pie chart

Y = 8-0.4X X=Price, Y=Sales, The number 0.4 represent?

If increase by 1 sales,decrease by 0.4

X 0 1 2


P(x) 0.1 0.6 0.3


The expected value of X, E(x) is

1.2

You are eating in steak house, which is notqualitative data?

Size of you 12 ounce.

Which of the following is NOT measure oflocation or central tendency?

Range

Not an appropriate alternative hypothesis?

none

Reason to calculate the mean

Measure of the location or central trend ofnumbers in the data set

Simple linear regression involves the use of

One independent and one dependent variable

The expected value of a random variable is thelong run average value assuming the experiment is repeated many times

true

A researcher for a major bank has sampled 20other banks and recorded their current interest rates for 10 yearmortgage. The data is

continuous